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we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington. thank you. >>> last night on the ed show, steny hoyer explains why he thinks the debt ceiling vote should be taken off the table. >> the debt ceiling is a phone y vote, frankly. and from time to time democrats have made it an item that they demagogue down and the republicans have demagogued on it, as well. the debt limit is a re
we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint...
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president obama proposed $4 trillion in deficit reduction, he has a balanced approach to take care of the middle class and that they have the certainty that they need that we make spending cuts that are significant, that make sense, and that we maintain the things that are going to keep us competitive globally like the central funding for education and innovation, and at the same time we also make sure we ask wealthiest americans to pay a little bit more and when it comes to our tax policy that if you work hard and play by the rules in america that everybody has a chance to succeed and that's why you've seen ceos from across the country sign on to that notion, with president obama, saying it's okay if we raise rates a little bit for folks who make more than $250,000 a year. the world is not going to come to an end. there are republican and conservative analysts and thought leaders like bill kristol who have said that. why the republicans in the house who really are still very entrenched with their tea party mentality have not yet understood that, and are still dug in, is really frustr
president obama proposed $4 trillion in deficit reduction, he has a balanced approach to take care of the middle class and that they have the certainty that they need that we make spending cuts that are significant, that make sense, and that we maintain the things that are going to keep us competitive globally like the central funding for education and innovation, and at the same time we also make sure we ask wealthiest americans to pay a little bit more and when it comes to our tax policy that...
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. >> kristen, let's talk about what the president is able to acquiesce about spending cuts? this about compromise or total victory? >> i think to some extent it's about compromise. but there is no doubt that president obama believes he has leverage when it comes to getting tax increases on the wealthiest americans. at this point in time, showing no sign that they're going to give on the issue. it's a bit of a game of chicken which mike was talking about, both side is waiting for the other to concede a little before they agree to give up anything. president obama is going to continue his p.r. campaign today, thomas. to try to put the pressure on house republicans to get on board. he's going to grant a number of interviews to anchors from local affiliates from across the country. of course, we've had him invite chief stakeholders here to the white house. he's also traveled, making trips to pennsylvania, as well as michigan in recent days to kind of put the pressure on republicans to come over to his side on this issue of taxes. but, of course, that continues to be the main sti
. >> kristen, let's talk about what the president is able to acquiesce about spending cuts? this about compromise or total victory? >> i think to some extent it's about compromise. but there is no doubt that president obama believes he has leverage when it comes to getting tax increases on the wealthiest americans. at this point in time, showing no sign that they're going to give on the issue. it's a bit of a game of chicken which mike was talking about, both side is waiting for the...
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derek and anita. >> thank you, gary. >>> president obama says the approaching fiscal cliff is going to add some stress for a lot of american families over this holiday season. there are just 25 days to go now until the tax hikes and the budget cuts go into effect. that is unless our leaders can make a deal. the white house has made it clear, we could go over that cliff if republicans refuse to raise tax rates on the top 2% of american earners. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives awe sense of the costs involved in very personal terms. >> now, from the republican perspective they say they would like to close some loopholes and eliminate tax breaks but they insist that the bush-era tax cuts must be extended for all americans. >>> new at 11:00, president obama on the phone with the president of egypt, pressing him about protests that have now turned deadly. here's the scene in cairo. at least six people dead, hundreds more injured. the trouble all started when morrisey granted himself broad new powers
derek and anita. >> thank you, gary. >>> president obama says the approaching fiscal cliff is going to add some stress for a lot of american families over this holiday season. there are just 25 days to go now until the tax hikes and the budget cuts go into effect. that is unless our leaders can make a deal. the white house has made it clear, we could go over that cliff if republicans refuse to raise tax rates on the top 2% of american earners. >> for them to be burdened...
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. >> president obama was making case in virginia to and the the your tax cuts for wealthiest americans. with a falls church afternoon. we'll have the latest capitol hill over could happen should we go over the fiscal cliff. have a new report that moving into the s moving out who i and why. see you in a few minutes. >> tonight, we will find out happened to the president's scandal. cliffhanger left is wondering shot -- as the vice president takes control. e must all join hands and pray for our president. as you about your heads, rest assured i am in the white house charge of the situation. >> see what happens on the all "scandal." lookeds take another it to see what is happening with the national christmas tree lighting. neil patrick harris is the host this year. waiting on the of the first family. they should be there within the next few minutes. come out and flipped switch. >> always a beautiful sight. >> this will be interesting they change to the for the first time. we will see what that looks like. >> let's check in on however is feeling. >> getting into the holiday with the cold we
. >> president obama was making case in virginia to and the the your tax cuts for wealthiest americans. with a falls church afternoon. we'll have the latest capitol hill over could happen should we go over the fiscal cliff. have a new report that moving into the s moving out who i and why. see you in a few minutes. >> tonight, we will find out happened to the president's scandal. cliffhanger left is wondering shot -- as the vice president takes control. e must all join hands and...
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and retailers. >>> president obama and john boehner are keeping mum on their face-to-face negotiations on sunday. as the clock ticks down it appears some republicans may be softening their stance. nbc's brian moore has the very latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that takes go up for the wealthy. >> will i accept a deal? >> yes. >> we don't have a lot of cards before year end. we have one house. that's it, the presidency and the senate. it's in the democrat's hands. >> since we agree with the democrats, 98% of the american people and 80% of the bush tax cuts, i would get that off the table now so they don't worry about it. >> democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates 2%, you won't generate enough revenue to have meaningful deficit reductions. >> republicans want
and retailers. >>> president obama and john boehner are keeping mum on their face-to-face negotiations on sunday. as the clock ticks down it appears some republicans may be softening their stance. nbc's brian moore has the very latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by...
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and second of all, that's exactly what we did, that's what obama care does. make the program much more efficient. >> but what about this idea of raising the entitlement age so the age at which you qualify for some of these? i mean, the president in his original grand bargain discussions with speaker boehner allegedly floated the idea of raising the age to 67. is that something you would consider? >> it is based on the premise that we're all living longer, but you know what, martin? if you're a lower income person, if you're in the lower half of income, you are not living longer, and if you're a poor woman, you have actually lost ground when it comes to longevity. and so it's perfectly fine for many of these ceos, each of whom has an average of $9 million in their retirement fund, to say that we ought to raise the retirement age because we're all living longer. that really isn't happening, and i have people in my office literally crawling in almost almost every week saying i hope i can make it until i'm 65 years old. i need to have this procedure or that proce
and second of all, that's exactly what we did, that's what obama care does. make the program much more efficient. >> but what about this idea of raising the entitlement age so the age at which you qualify for some of these? i mean, the president in his original grand bargain discussions with speaker boehner allegedly floated the idea of raising the age to 67. is that something you would consider? >> it is based on the premise that we're all living longer, but you know what, martin?...
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what kind of political positioning is this and there was an election and obama and senator demint was on fox and more power in the senate than he did in. now watch this. >> this is a dream job for me. it critically important. i don't think republicans are going to win another national election until they first convince americans that our principles work. i think i'm in a more powerful position than a single united states senator. >> being in the minority is no fun but that's a pretty pathetic statement about what it means to be in the minority. the thing that bugs me about demint choosing to do this is immigration is going to be one of the first things that the senate tackles this year. he was a big player in 2007 pushing against bush effort for bipartisan reform. he was taking about building a 700-mile long wall along our south border. i'm not certain why he would choose this moment. >> have a great weekend. >> you, too. >>> she jumped in our hearts at the london games and now she's writing all about it on how she got there. gold medal winner gabby douglas is here. she might even tel
what kind of political positioning is this and there was an election and obama and senator demint was on fox and more power in the senate than he did in. now watch this. >> this is a dream job for me. it critically important. i don't think republicans are going to win another national election until they first convince americans that our principles work. i think i'm in a more powerful position than a single united states senator. >> being in the minority is no fun but that's a...
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spending by demanding that president obama come up with john boehner's plan to cut spending. what those cuts are, no one is sure. >> now critics say the speaker is just asking democrats to put specifics into the republican proposal, but i say that's kind of fun. it makes the budget into a giant mad lib. for instance, we agree to cut $10 bazillion from the program that brings ukuleles to the sticky poor. toilet boobs. >> we will play our very own game of mad libs when house democratic whip steny hoyer joins us live just ahead on "now." to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a bo
spending by demanding that president obama come up with john boehner's plan to cut spending. what those cuts are, no one is sure. >> now critics say the speaker is just asking democrats to put specifics into the republican proposal, but i say that's kind of fun. it makes the budget into a giant mad lib. for instance, we agree to cut $10 bazillion from the program that brings ukuleles to the sticky poor. toilet boobs. >> we will play our very own game of mad libs when house...
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the current tax cuts were put in place by the previous administration and will expire by the end of the year. then, marco rubio on jobs and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or loses in washington. it's about making smart decisions that will have a real impact on your lives and the lives of americans all across the country. right now, middle-class tax cuts are set to expire at the end of the year. time is running out. and there are two things that can happen. first, if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. a typical middle-class family of four would get a $2,200 tax hike. that would be bad for families, it would be bad for businesses, and it would drag down our entire economy. now, congress can avoid all thi
the current tax cuts were put in place by the previous administration and will expire by the end of the year. then, marco rubio on jobs and education policy. >> hello, everybody. over the last few weeks, there's been a lot of talk about deadlines we're facing on jobs and taxes and investments. but with so much noise and so many opinions flying around, it can be easy to lose sight of what this debate is really about. it's not about which political party comes out on top, or who wins or...
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the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough calls. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the caucus to swallow some tax rate increase if they have something to show for it. and the irony here, on a whole variety of issue, the democrats should be in favor of certain kinds of entitlement reforms. it's not actually that big of a give. on social security, as an example, democrats have won for the time being on privatization being completely off the table. there's a strong argument for trying to lock that in now as oppose eed to waiting and having that potentially come back. in addition, one of the big concerns here is doing too much fiscal austerity too soon. the more you did in the form of social security chrks can be phased in g
the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough calls. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the caucus to swallow some tax rate...
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of the bush tax cuts. that makes him complicity in the eyes of the base, and they're going to fire him from his job if he does that, in all likelihood. >> do you really think that he will get fired if he lets those tax cuts expire? >> it's at best 50-50 he keeps his job, if he cooperates in making that bargain. the best thing for boehner is for that to happen without his cooperation, without his active cooperation. it's got to happen without him. then they can go ahead and get the rest of the revenue without raising tax rates. then the tax rates will go back to the clinton levels. the rest of it will happen automatically, and, you know, the republicans are trying to do this complicated scenario where they vote present. if they don't vote and the democrats vote, it's this ritual where the dmgz do all the voting, and the republicans kind of stand by, and i think they're right to do that, because then you've got a trillion of revenue automatically locked in. then, you know, obama is asking for another $600 bi
of the bush tax cuts. that makes him complicity in the eyes of the base, and they're going to fire him from his job if he does that, in all likelihood. >> do you really think that he will get fired if he lets those tax cuts expire? >> it's at best 50-50 he keeps his job, if he cooperates in making that bargain. the best thing for boehner is for that to happen without his cooperation, without his active cooperation. it's got to happen without him. then they can go ahead and get the...
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. >> obama: if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made, and the further reforms and entitlements that i'm prepared to make, then we're going to have to say the rates on the top 2% go up, and we're not able to get a deal without it. >> jennifer: and jay carney piled on the g.o.p. plan. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenue. it's magic beans and fairy dust. >> jennifer: magic beans and fairy dust. those are fighting words--frilly fairytale fighting words but still fighting words and boehner came back with a few verbal jabs of his own saying, quote, if the president really wants to avoid sending the economy over the fiscal cliff he has done nothing to demonstrate it. but even as the democrats pound him from the left, he is taking punches from the right. the leader of the right's rebellion is, of course, grover norquist. he said the president has installed himself at loyalty, and boehner is not being sufficiently revolutionary. >> he thinks
. >> obama: if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made, and the further reforms and entitlements that i'm prepared to make, then we're going to have to say the rates on the top 2% go up, and we're not able to get a deal without it. >> jennifer: and jay carney piled on the g.o.p. plan. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenue. it's...
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obama doesn't have a mandate to raise taxes. george bush cut taxes with a minus half a million margin in the polls. so if that isn't enough of a mandate to do something about taxes, what is with the loss? >> we're going to miss you congressman frank. ending an incredible career in massachusetts. thank you so much. we're going to have you back, if we can. >> i'll be around. >> i'm going to ask you what you miss positively and negatively from the congress. thank for coming on tonight. >> you're welcome. >>> when we return, let me finish with whether the politicians will be able to do what's necessary this this month. you're watching "hardball," the place for politics. >>> let me finish tonight with something important about leave leading this country through a difficult time. it's about barack obama's job description. if you read the newspapers, you see the fiscal catastrophe of greece. right now, the world is looking at us. the whole world. people as far away as hong kong. people have to make sharp decision about money and they a
obama doesn't have a mandate to raise taxes. george bush cut taxes with a minus half a million margin in the polls. so if that isn't enough of a mandate to do something about taxes, what is with the loss? >> we're going to miss you congressman frank. ending an incredible career in massachusetts. thank you so much. we're going to have you back, if we can. >> i'll be around. >> i'm going to ask you what you miss positively and negatively from the congress. thank for coming on...
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in obama added this little thing the other day. he said i don't want a debt ceiling or bound like it going for it. debt doesn't matter. >> bob: respond to the social security thing. >> eric: obama in october of 2008 before he was president obama. season. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5 trillion in debt. president obama will add ten, 11, 12 trillion in debt. when he is done with this. >> for years, president obama running when he was senator, running for president always said that the bush tax cuts were only for the rich and only benefit the rich. now he says that the republicans are holding hostage for the lower and middle class. the tax cuts will expire. hypocrisy knows no bounds. >> bob: you just keep shooting your mouth off over and over about this stuff. i said if they came up with a deal on inflation adjustment on social security it would sav
in obama added this little thing the other day. he said i don't want a debt ceiling or bound like it going for it. debt doesn't matter. >> bob: respond to the social security thing. >> eric: obama in october of 2008 before he was president obama. season. >> the way bush has done it, over the last eight years is to take out a credit cardback of china in the game of the children, driving up the national debt. that is irresponsible and unpatriotic. >> eric: unpatriotic. $5...
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president obama taking his message of middle class tax cuts and tax increases for the rich to detroit today. just as michigan is facing a big vote against union organizing in a state long identified with the labor movement. joining me now for our daily fix, msnbc contributor and managing editor of "post politics.com". good day to you. well, first of all, the labor movement really on the ropes now in michigan of all places. michigan where detroit, of course, was the heart of the auto movement, the auto union, and now you've got a vote -- final vote is tomorrow as the president is being greeted by rick snyder, the governor, who says he will sign that, and to union right to work legislation. what does that really mean? >> well, so what you have here, this is something that's passed in 20 plus states. what it essentially says is you do not have to pay union dues in order to be employed. unions view it as a direct attack on their -- the power of organized labor, which comes at least, in part, politically speaking from union dues. look, here's the issue. the state senate and the stais state
president obama taking his message of middle class tax cuts and tax increases for the rich to detroit today. just as michigan is facing a big vote against union organizing in a state long identified with the labor movement. joining me now for our daily fix, msnbc contributor and managing editor of "post politics.com". good day to you. well, first of all, the labor movement really on the ropes now in michigan of all places. michigan where detroit, of course, was the heart of the auto...
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that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be entering an austerity-induced recession. markets would be convulsing as they realize our austerity crisis is about to become also a default crisis. and so the economy, as a whole, is going to be going nuts. poll after poll already shows republicans are receiving more blame for the potential failure of the debt talks. and after telling the press they're going to make a strategic decision to use a debt ceiling as more and more dangerous leverage, they're lik
that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax...
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, albeit disproportionately to defense spending but it's better than accepting obama's terms crammed down our throat. boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >> sheky. >> stephanie: that was so merrill osmond. >> merrill was kind of the leader. >> stephanie: i dove donnie. steve doocy. >> europe is great because they have wonderful food and runny cheeses, but we shouldn't base our policies on theirs because they are stinkers. >> we should base it on singapore where they have no unemployment, and they have a competitive market. that protects workers. >> stephanie: we should be like singapore? >> oh my god. holy crap. he is a bigger idiot than i thought. he is not even trying to hide what a douche bag he is. >> stephanie: okay. bill o'reilly. really? is this his whole dece
, albeit disproportionately to defense spending but it's better than accepting obama's terms crammed down our throat. boehner needs to paint obama as the one who is holding the country hostage. he wants to talk about holding the middle class hostage? no it's him holding the entire country hostage and our kids hostage, with his krin call refuse ool to enter the entitlement reform game. >> wow, he is really bad. >> stephanie: yeah i can see why he didn't get the radio show. >>...
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obama doesn't have a mandate to raise taxes. george bush cut taxes with a minus half a million mar jib gi the polls. so if that isn't enough of a mandate to do something about taxes, what is with the loss? >> we're going to miss you congressman frank. ending an incredible career in massachusetts. thank you so much. we're going to have you back, if we can. >> i'll be around. >> i'm going to ask you what you miss positively and negatively from the congress. thank for coming on tonight. >> you're welcome. >>> when we return, let me finish with whether the politicians will be able to do what's necessary this this month. you're watching "hardball," the place for politics. should be in charge of their own future. how they'll live tomorrow. for more than 116 years, ameriprise financial has worked for their clients' futures. helping millions of americans retire on their terms. when they want. where they want. doing what they want. ameriprise. the strength of a leader in retirement planning. the heart of 10,000 advisors working with you
obama doesn't have a mandate to raise taxes. george bush cut taxes with a minus half a million mar jib gi the polls. so if that isn't enough of a mandate to do something about taxes, what is with the loss? >> we're going to miss you congressman frank. ending an incredible career in massachusetts. thank you so much. we're going to have you back, if we can. >> i'll be around. >> i'm going to ask you what you miss positively and negatively from the congress. thank for coming on...
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little progress this week in evidence to avoid january's looming tax and spending cuts commonly known as the fiscal cliff. despite a call between president obama and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and it's because the president is refusing to budge at all on the top toks ratestopx rates and we'll go off the cliff if the republicans don't acreed to that demand. so we're still at a stand still. >> paul: kim, why is the president so insistent on increasing tax rates? boehner has already put on the table a comparable amount of money to be gained from putting a cap on deductions, about 800 billion over ten years, so such a-- >> look, paul, two reasons. first is ideological. his partisans, his liberal base believe this is somehow a symbol of winning the tax fight and you can only do that by raising the
little progress this week in evidence to avoid january's looming tax and spending cuts commonly known as the fiscal cliff. despite a call between president obama and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and...
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in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he force the financial markets to wait for uncertainty. >> joining the panel now, the sage of capitol hill, the seasonally elegant luke russert. >> thank you so much for having me. >> you get a special intro when you arrive on set a little late. thrilled to have you here, with ongoing deliberation on capitol hill, you are the eyes. >> eyes and ears hopefully. yet i'm here, congress is recessed this week. >> always a reason, my friend. the fact that tim geithner came out and said, we will go over this cliff, is somewhat counter to what the president has been saying thus far. you couple that and the re
in the next hour and a half, president obama will continue the great reasonableness tour of 2012. visiting a middle class family in northern virginia with the aim of putting more pressure on congress to extend middle income tax cuts. majority leader harry reid did his part for the cause on the senate floor today. >> so it's apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle class families wait for relief and how long will he...
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no discussion of spending cuts. obama wants even more spending increases. and a lot of republicans, conservatives, are saying you know what? we don't want a tax hike at all. we give boehner credit but we don't want a tax hike. this is not the time. it's a very anemic economy. let's just let the democrats have their tax hike and we'll be done with it. other than that, jimmy, i don't think this thing gets done. that's what i'm coming around to. >> well, i think that there's a chance to that. a chance for that to happen in the scenario that you just described. but i don't think that is what happens. frankly, i think with the vice president saying today that the issue of whether the top rate is 39.6 or 37 it's really doesn't matter. that was a huge olive branch as our colleague just said. this is a signal, a smoke signal like a vatican smoke signal sent from the administration to speaker boehner today. >> but that's been out there before. >> i understand that. >> there's only a handful of republicans, what are you going to get, a percentage point? mark seimone,
no discussion of spending cuts. obama wants even more spending increases. and a lot of republicans, conservatives, are saying you know what? we don't want a tax hike at all. we give boehner credit but we don't want a tax hike. this is not the time. it's a very anemic economy. let's just let the democrats have their tax hike and we'll be done with it. other than that, jimmy, i don't think this thing gets done. that's what i'm coming around to. >> well, i think that there's a chance to...
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Dec 7, 2012
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that president obama has laid out or more entitlement cuts, but something. i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news for everyone. it's a good number, down to 7.7%, unemployment, 146,000 new jobs added but the downside is that fewer people were in the labor force a lot fewer, because people gave up on even trying. >> i think this is one of the more provocative questions and get to it on sunday, which is, are we too focused on the debt. are we not focused enough on what the government can be doing to try to spur job growth? beyond just -- >> there was a stimulus piece in the offer from the white house that was laughed at by the -- >> laughed at but could end up surviving. one of the things a
that president obama has laid out or more entitlement cuts, but something. i think john boehner has to go back to his members and say look, president obama won the election, polling suggests we republicans lose if we go over the cliff, and i got this one thing that's going to mitigate your unhappiness over the fact that we're moving up rates on the wealthiest americans. he needs the third part to sell the whole package. >> and david, there is a jobs report today which sort of mixed news...
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obama wants 45% rate and 3.5 million cut off. that mid way between today's rates and old rate. the problem is that even some democrats are siding with republicans saying they want it keep current rates. all the sides here tyler remain very far apart. wealthy families need 20 rewrite their wills and charity plans. for the country, there are hundreds of billions of dollars at stake. under old rates, they raise $532 billion by 2021. obama plan raised around $270 billion, about half. gop raises about $161 billion. the fight over taxing the rich, especially in the estate tax, is far from over. back to you, tyler. >> not the first time the estate tax has come up in these kinds of negotiations. in 2010, the estate tax was zero for that year. the people who passed way in that year had nothing subject to tax. let's talk about the guy who might eventually be interested in the estate tax. we just learned the identity of the second big powerball winner from a wealthy neighborhood in phoenix. his name is matthew good. it is good to be good. he is taking his winnings he says in a um lp sum.
obama wants 45% rate and 3.5 million cut off. that mid way between today's rates and old rate. the problem is that even some democrats are siding with republicans saying they want it keep current rates. all the sides here tyler remain very far apart. wealthy families need 20 rewrite their wills and charity plans. for the country, there are hundreds of billions of dollars at stake. under old rates, they raise $532 billion by 2021. obama plan raised around $270 billion, about half. gop raises...
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promising to cut the red tape. now have they all forgotten about the victims? we're back with our political panel. john, you can see the frustration, you know. the man blasting president obama about his vacation to hawaii, just said he doesn't have electricity. you know, what about it? >> it's perfectly understandable and justified. i mean, you have the entire national media swoop in for a story where president obama and chris christie shook hands and that was supposed to be his great heartwarming moment where they were going to come together to fix things. now a month later there are real problems here and government just simply hasn't been working for a lot of these people. you have stories where there are perfectlily got fema trailers sitting in pennsylvania when they could be put to use in new york or new jersey. >> greta: why aren't they there? >> no one knows. i don't know. you hear people telling stories about filling out forms, people who are approved to use the money to stay at a marriott but not a comfort
promising to cut the red tape. now have they all forgotten about the victims? we're back with our political panel. john, you can see the frustration, you know. the man blasting president obama about his vacation to hawaii, just said he doesn't have electricity. you know, what about it? >> it's perfectly understandable and justified. i mean, you have the entire national media swoop in for a story where president obama and chris christie shook hands and that was supposed to be his great...
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president obama has put a 45-page plan out, 27 pages of spending cuts in his plan. now, is that not enough for republicans? negotiate that. >> now, a new analysis was put out, crystal, by gop strategist with heirs is getting some attention. it describes the gop as a regional party with few national pros pekts. and it says republicans have run out of persuadable white voters. when you look at that and the new nbc poll shows that only two groups view the republican party favored, white southerners and rural americans. when you come pain what heirs is saying and the poll, they have really closed the boundaries on their own party. and unless they can seek to expand and change their policies and, therefore, their branding, they will be a party that continues to diminish. >> that's absolutely right. this was the last election where there was any chance with their coalition, they could win a national election. if they don't expand, forget it. it's off the table for 2016. there's no way. and i think in a lot of ways, they're driving that picture about republicans. they're i
president obama has put a 45-page plan out, 27 pages of spending cuts in his plan. now, is that not enough for republicans? negotiate that. >> now, a new analysis was put out, crystal, by gop strategist with heirs is getting some attention. it describes the gop as a regional party with few national pros pekts. and it says republicans have run out of persuadable white voters. when you look at that and the new nbc poll shows that only two groups view the republican party favored, white...
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today talking about smflt other things, the spending cuts that are involved and what they're dealing with here. >> i think there's a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts. if we can get the leadership on the republican side to take that framework, to acknowledge that reality, then the numbers actually aren't that far apart. another way of putting this is, we can probably solve this in about a week. it's not that tough. >> chris, there's the president saying he's ready to do serious entitlement reform and additional spending cuts, and no one seems to be noticing that. >> yeah. you know, i just talked about that. >> entitlement reform is medicare, medicaid and social security. >> that phrase, you would agree, right, the word "entitlement" has bizarre see mantic resonance to it. like you're whining and entitled, social insurance. >> it was an honorable entitlement, but meaning i paid into social security for 30 years. i am entitled to my contributions coming back to me. >> it has a
today talking about smflt other things, the spending cuts that are involved and what they're dealing with here. >> i think there's a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts. if we can get the leadership on the republican side to take that framework, to acknowledge that reality, then the numbers actually aren't that far apart. another way of putting this is, we can probably solve this...
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Dec 8, 2012
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president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone conversation with the president. >> the phone call was pleasant, but was just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president if he's serious to come back to us with a counteroffer. >> boehner says the president is not being a helpful negotiator, even though the president apparently designed the negotiating sessions at boehner's request. according to "the new york times," boehner insisted the talks include only himself and the president of the united states. boehner wanted senate democrats and nancy pelosi out of the discussi
president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone...
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. >> if the bush tax cuts are repealed and everyone's taxes go up, i promise you republicans will be blamed for it. >> so are you saying, then, for pr purposes that they should give into obama on the tax rate in. >> not exactly. well, yeah, i guess i am. >> ka pit late to obama who is -- we don't have a revenue problem, ann. >> we lost the election, shawn. >> i can't believe i'm saying this, but ann coultter is right. they lost. the question may now be when, not if, the republicans will cave on taxes. joining me now is dana milbank, columnist for "the washington post." he's writing about the republicans waving tax hikes and cynthia tucker and visiting professor of journalism at the university of georgia. thanks to both of you for being here tonight. >> hi, reverend. >> good to be here, reverend. >> dana, are republicans really ready to cave? >> well, reverend, first of all, terrific particular to see you and ann coulter on the same page. they've caved already. they have said, we're going to agree to an $800 billion tax increase. it's entirely possible that they are going to go off th
. >> if the bush tax cuts are repealed and everyone's taxes go up, i promise you republicans will be blamed for it. >> so are you saying, then, for pr purposes that they should give into obama on the tax rate in. >> not exactly. well, yeah, i guess i am. >> ka pit late to obama who is -- we don't have a revenue problem, ann. >> we lost the election, shawn. >> i can't believe i'm saying this, but ann coultter is right. they lost. the question may now be when,...